Articles
Gathered Oaks: Minnesota's popular countryside grain bin Airbnb - CBS News
This CBS News article highlights a unique short-term rental in Minnesota: a grain bin converted into an Airbnb. While it doesn't offer specific strategies, it showcases the popularity of unique properties and offers design inspiration.
Other Colorado resort towns cracking down on STRs - Aspen Daily News
This article from Aspen Daily News reports that other Colorado resort towns are implementing stricter regulations on short-term rentals. Hosts in Colorado and similar resort areas should be aware of potential changes to local regulations that could impact their ability to operate.
Aspen Board of Realtors files suit against city - Aspen Daily News
The Aspen Board of Realtors has filed a lawsuit against the city of Aspen. Hosts in Aspen should monitor the situation and stay informed about potential legal or regulatory changes impacting short-term rentals.
Aspen government officials doing a ‘stop, go’ on residential development - AspenTimes.com
This article discusses government officials in Aspen, CO, and their approach to residential development, which could include short-term rentals. Hosts in Aspen should monitor local regulations and any potential changes to development policies that may impact their ability to operate.
Recap of 2021 for the STR Industry
This article recaps key trends and challenges in the short-term rental industry from 2021, including market competition, the importance of dynamic pricing, and the ongoing struggles with cleaning and turnover management. Hosts should pay attention to how dynamic pricing can increase revenue and consider the impact of market competition and cleaning challenges on their business.
Carbondale trustees pursue short-term rental limits - Aspen Daily News
Carbondale trustees are pursuing limits on short-term rentals. This suggests potential changes to local regulations that could impact your ability to operate or manage STRs in the area. Hosts should monitor local news for updates and be prepared to comply with new rules.
San Juan Capistrano Airbnb Owners Get New Holiday Rules: 2022 - Patch
This article discusses new holiday rules for Airbnb owners in San Juan Capistrano for 2022. Hosts in this area should review these new regulations to ensure compliance and avoid potential penalties.
Clark County seeks residents' input on short-term rental survey - ktnv.com
Clark County, Nevada, is seeking resident input via a survey regarding short-term rentals. Hosts in Clark County should be aware of this survey, as it may influence future regulations and policies related to STRs.
Setting Up Your Airbnb Listing for Faster Profits
This Get Paid For Your Pad episode discusses strategies for setting up an Airbnb listing for faster profits. It covers a 5-step framework including how to decide where to invest, when to launch, optimize titles, and price your property. Implement these strategies to get more bookings.
Peak 7 designated a neighborhood zone in final reading of new Summit County short-term rental ordinance - SummitDaily.com
Summit County, CO finalized a new short-term rental ordinance, designating Peak 7 as a neighborhood zone. Hosts in this area should familiarize themselves with the new regulations to ensure compliance.
Legends X Takeaways and Learning Lessons
This article summarizes multiple episodes of the "Get Paid For Your Pad" podcast, focusing on revenue management, CEO focus, and strategic insights for STRs. Hosts should focus on building consistent pricing routines, identifying business bottlenecks, and understanding the differences between hotel and STR revenue management strategies.
Summit County commissioners debate which short-term rental zone Peak 7 should land in - SummitDaily.com
Summit County commissioners are debating the appropriate short-term rental zone for the Peak 7 area. Hosts in the region should stay informed about these zoning decisions, as they can significantly impact the legality and operation of their rentals.
Short-Term Rental Ordinance On Glendora City Council Agenda - Patch
A short-term rental ordinance is on the Glendora City Council agenda. Hosts in Glendora should pay close attention to any proposed changes to local STR regulations, as these could impact their ability to operate or require changes to their business.
Grassroots Carbondale group: Short-term rentals limit housing for long-term residents - Aspen Daily News
A grassroots group in Carbondale, CO, believes short-term rentals are limiting housing options for long-term residents. Hosts should be aware of local sentiment regarding STRs, as it can influence future regulations and community support.
Create Long-Term Wealth by Acquiring Airbnbs
This article discusses how to build long-term wealth by acquiring Airbnb properties, focusing on the hybrid business model of rental arbitrage, management, and ownership. Hosts can learn from the experience of an Airbnb investor on how to buy their first property and finance it. The article also touches upon revenue management strategies and CEO-level focus for STR businesses, offering practical frameworks and insights for hosts to improve their operations.
Recap of the 2nd Legends X Class
This article recaps several episodes of "Get Paid For Your Pad" that cover revenue management, CEO focus in STR businesses, the differences between hotel and STR revenue management, and the hectic host stage. Hosts can learn how to optimize pricing routines, identify business bottlenecks, and adapt their strategies based on booking windows and market volatility.
Aspen suspends new home construction permits as it drops the hammer in the name of affordability - The Colorado Sun
Aspen, Colorado has suspended new home construction permits to address housing affordability. This could impact the local short-term rental market by potentially limiting the supply of new units available for hosting.
The AirBnB apocalypse - Durango Telegraph
This article discusses the potential challenges facing Airbnb in Durango, CO. Hosts should be aware of potential market shifts and adjust their strategies accordingly.
New York City, Facing Housing Crisis, Targets Owners of Illegal Airbnbs (Published 2021) - The New York Times
This New York Times article from 2021 discusses how New York City is cracking down on illegal Airbnbs due to the housing crisis. Hosts in NYC should be aware of local regulations regarding STRs to avoid penalties and contribute to the city's housing needs.
How to Attract Mid-Term Stays with Nestpick
This article discusses Nestpick and Sublet.com, platforms specializing in mid-term rentals (30 days to a year) that can be more profitable than long-term unfurnished leases and have lower operating costs than daily stays. Hosts can leverage these platforms to cater to remote workers and digital nomads and potentially benefit from lower service fees.
How to Find New Airbnb Properties
This article discusses strategies for finding and securing new Airbnb properties, emphasizing the need to build influence and stay top-of-mind within your network to attract opportunities. It highlights the importance of consistent marketing efforts and taking daily actions to grow your short-term rental business. Hosts should focus on dominating one marketing channel and communicating authentically with their target audience.
Newport Beach tightens restrictions on short-term rentals after Coastal Commission approvals - latimes.com
Newport Beach is tightening restrictions on short-term rentals after Coastal Commission approvals. Hosts in Newport Beach should be aware of these new regulations and ensure their rentals comply.
Newport Beach alters short-term rental rules after Coastal Commission comments - Orange County Register
This article discusses changes to short-term rental rules in Newport Beach, CA, following comments from the Coastal Commission. Hosts in Newport Beach should be aware of these alterations to ensure compliance with local regulations. Reviewing and updating listings and operations to meet new standards is recommended.
Newport Beach alters short-term rental rules after Coastal Commission comments - Orange County Register
This article discusses changes to short-term rental rules in Newport Beach, CA, following comments from the Coastal Commission. Hosts in the area should review the updated regulations to ensure compliance and avoid potential issues.